Strong Revenue Growth & MarginsRevenue surged ~49.8% year-over-year with materially higher gross and net margins and strong EBIT/EBITDA margins. That combination indicates durable operational leverage and improved cost control, supporting sustained cash generation and reinvestment capacity over the medium term.
Improved Cash GenerationFree cash flow turned positive at $7.5M while operating cash flow exceeded net income (ratio 1.11), signaling higher quality earnings. This improves funding flexibility for capex, exploration or debt servicing, reducing reliance on external capital and supporting sustainable operations over coming quarters.
Efficient Capital Use & Solid Equity BaseROE of 32.2% and an equity ratio above 50% show efficient capital deployment and a meaningful equity cushion. Strong returns on equity paired with a healthy equity financing mix support the company’s ability to reinvest profits and withstand commodity cycles over the medium term.